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Jan 17, 2013
01/13
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is it possible the economy is better than we think. ? >> anyone who has been looking at this for the past three to six months recognizes we're in a very stable, not particularly dramatic, not overly sexy but clearly not disastrous economy. that doesn't raise all sorts of celebratory bells but in a world where people's predisposition is to look for a crisis and assume the worse, consistent okay is a whole lot better. none of these numbers that we've been talking about this let's say five, ten years ago would have struck us as particularly robust. retail sales up half of a percent over the holiday for the month. good number. not an incredible number but a whole lot better than everyone saying oh, this is terrible. >> i think we have the inflation chart. let me put the cpi up. the cpi is falling if i'm not mistaken. for all the talk by the inflationistas of the federal reserve's monetary policy which i basically disagree take a look at that. inflation is one of our problems. quick question. one of the leaders of this market, banks. financia
is it possible the economy is better than we think. ? >> anyone who has been looking at this for the past three to six months recognizes we're in a very stable, not particularly dramatic, not overly sexy but clearly not disastrous economy. that doesn't raise all sorts of celebratory bells but in a world where people's predisposition is to look for a crisis and assume the worse, consistent okay is a whole lot better. none of these numbers that we've been talking about this let's say five,...
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Jan 15, 2013
01/13
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economy is being under valued. $1.4 trillion is the run-up and i expect the u.s. to outperform again. >> joey? >> i think the u.s. continues to do well and the ultimate indicator is where volatility is. it's incredibly cheap and remains -- insurance can be provided to protect your portfolio. i don't think that the ultimate concerns that the people have. >> we've got news on germany and the german economy, gdp is contracting. it was down half of a percent. in 011 it was up 3% n 2012 it was up .7%. they are the engine for growth there. i'm not sure it's going to work out for you in the first half of the year. for europe, i don't think it's undervalued. it's had a great run into the u.s. >> two major banks report earnings tomorrow. much of the conversation that we're having today certainly directed to what is going on with the banks and what it could mean for the markets. jpmorgan, goldman, ahead of the market tomorrow. joe t., you take yours? >> my position has been goldman sachs, be morgan stanley. it's been that way for a long time. i like the marketplace here. i
economy is being under valued. $1.4 trillion is the run-up and i expect the u.s. to outperform again. >> joey? >> i think the u.s. continues to do well and the ultimate indicator is where volatility is. it's incredibly cheap and remains -- insurance can be provided to protect your portfolio. i don't think that the ultimate concerns that the people have. >> we've got news on germany and the german economy, gdp is contracting. it was down half of a percent. in 011 it was up 3% n...
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Jan 21, 2013
01/13
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CNBC
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what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is doing. they have the pedal to the metal on interest rates. they're very low. absent more demand on the consumer side, obviously low interest rate isn't going to be enough. so he has to do some of these jobs measures and you have actually seen some of those slipping into the budget bills. infrastructure is something he'd really like to see more of. >> chuck, even if republicans have backed away on debt limit as a potential threat, do you really think that they're going to cooperate on stimulus as jared is recommending? >> no, i think that's probably a bridge too far. i do think t
what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is...
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Jan 14, 2013
01/13
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the last time republicans in congress even flirted with this idea our aaa credit
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans...
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Jan 14, 2013
01/13
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economy. so guess what? the stock market is up as the consensus earnings estimate has come down. and so the bear aurchlt lacks an intellectual continuity where they were right on the earnings estimates come down, but they've goes to explain. so you think the as specs further identity are improving as we got past the tax cliff. we're going to get past the spending clip in an ugly way. you have to depend on washington, d.c. to give you some banana republic action before we get to the middle of 2013. but in the middle of 2013, we'll know what all of the rules are. and i think the capital spending orders are going to come back and reinforce the housing improvement that you described as well as a pretty good auto market. >> we are talking all day today because everybody got their paycheck and it is definitely smaller. it's always smaller t beginning of the year. but is there any way that there is a headwind from people just not having as much money? >> yes, there's a headwind for the economy and we
economy. so guess what? the stock market is up as the consensus earnings estimate has come down. and so the bear aurchlt lacks an intellectual continuity where they were right on the earnings estimates come down, but they've goes to explain. so you think the as specs further identity are improving as we got past the tax cliff. we're going to get past the spending clip in an ugly way. you have to depend on washington, d.c. to give you some banana republic action before we get to the middle of...
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Jan 18, 2013
01/13
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economy is recovering. the u.s. consumer has delevered, has got more confidence in the system. we're past the election. the u.s. economy is recovering. that's unmistakable. the speed of it still remains to be determined. but we're recovering. china leadership happened. china will support the growth in that economy and they will drive domestic demand. europe is not getting worse. and there are signs of green shoots even in japan at this point. >> all right. >> and then you've got all the brazil and indonesia which are still exciting stories. i feel good about where the world is heading. is it on a bull streak? no. but is it on a firmer footing? yes. as a long-term investor i care about firm footing. >> some day we will go through 15,000 on the dow, and then 16,000. and then 17,000. >> yeah. >> i mean i just wonder is that within the next couple of years? i mean it's about time. it's been -- we went from 800 to 14,000. and we haven't moved from 14,000 in like 10, 12 years. >> my father always says a journey of a thous
economy is recovering. the u.s. consumer has delevered, has got more confidence in the system. we're past the election. the u.s. economy is recovering. that's unmistakable. the speed of it still remains to be determined. but we're recovering. china leadership happened. china will support the growth in that economy and they will drive domestic demand. europe is not getting worse. and there are signs of green shoots even in japan at this point. >> all right. >> and then you've got all...
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Jan 16, 2013
01/13
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we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if th
we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks,...
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Jan 20, 2013
01/13
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CNN
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you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass a ban on those clips i with ten or over and a universal background check is that gonna happen? >> no, i don't think it will. candy, that gets beside the major issues this face american families you can jobs and the economy and the debt and spending that's where people are focused. that's the big anxiety of this country. >> sure, i agree with you, but as you know, you deal with a lot of things up there and the white house, people and their families deal with a loft things, one of the things out there are is gun control of some sort, addresses newtown, gun control or better access to mental
you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass...
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Jan 19, 2013
01/13
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CNN
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can't replace. [ male announcer ] protect yourself with the fast-alarm response of adt with 24/7 monitoring against burglary, fire, and high levels of carbon
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of...
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Jan 21, 2013
01/13
by
CNN
tv
eye 49
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they deserve a better economy. he has to show the willingness to work with anybody, but also the willingness to work against anybody who stops him from doing a good job as president of the united states. that was missing last time. >> isn't that what republicans who say compromise is a dirty word and it's important to stand by your principles? >> well, i love paul, he's outing the president's second term. >> it's the fundamental issue. is he going to strike deals with the president or does he decide that the only way to get things done is to defeat the republicans in the midterm election, to just run on politics, tactically maneuver, defeat republicans, don't worry about the nation, and do what he wants to do in the final two years? >> i am for striking deals, if you watch that movie, lincoln, you're for striking deals -- i'm for cutting deals, but i'm not just for saying everybody should come together because here i am. kumbaya. >> when you say be ruthless, if a republican, if a tea party member said be ruthless p
they deserve a better economy. he has to show the willingness to work with anybody, but also the willingness to work against anybody who stops him from doing a good job as president of the united states. that was missing last time. >> isn't that what republicans who say compromise is a dirty word and it's important to stand by your principles? >> well, i love paul, he's outing the president's second term. >> it's the fundamental issue. is he going to strike deals with the...
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Jan 14, 2013
01/13
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CNNW
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans and congress have two choices here, they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the time lime republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans...
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Jan 13, 2013
01/13
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CNNW
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in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when you're talking about investing, you're talking about it in a fairly sophisticated manner. some in the government. some the private sector, each on their own and some jointly. that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will ev
in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when...
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Jan 14, 2013
01/13
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fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about itself. >> peter from cnn money.com. thank you so much. >>> a talk back question for you, what's the best way to honor the newtown victims. you can face book me at facebook.com/carolcnn. >>> we want to take you to baltimore now, it is the johns hopkins summit on gun control. mayor michael bloomberg is speaking. >> including private sales at gun shows and online. these private sales now account for more than 40% of all gun sales nationally, which means that in 2012 alone, there were more than 6 million gun sales that happened with no background checks. many of those guns, being sold are handguns which are used
fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about...
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Jan 16, 2013
01/13
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome, everybody. today, president obama unveils his plan to curb gun violence in america. the issue debated all across the country
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one!...
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Jan 15, 2013
01/13
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they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is about this country being the greatest nation on earth. it's our greatest threat to our national security. >> some people would say it is about party politics and some people, frankly, blame the tea party for this terrible gridlock in the house of representatives. there's a tea party group in south florida that's going to change its name to not include the tea party because the public reacts so negatively to that title now. >> i think that's because we have been, i mean just given a bad rap. all we're about is fiscal responsibility. we're not about social issues. all we want is washington to live within
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is...
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Jan 16, 2013
01/13
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he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
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Jan 15, 2013
01/13
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what is a drag on the economy is the spending. that is what is hurting hard-working taxpayer right now. and so we need him to join us in this effort. >> at the end of the day, this is going to be a question about public opinion. what makes you think talking about not raising the debt ceiling or shutting down the government, what have you, is a winner in the court of public opinion? >> well, again, we don't want to shut down the government, but in the court of public opinion, people also know that the federal government and the out of control spending is unsustainable. and large majorities of the american people want us to cut spending, to start making the tough decisions, to balance our budgets, start living within our means. the american people, in their own families, they understand that you have to do that. you have to make the tough decisions. you have to get your budget, you've got to put it in order. and they expect their elected officials and their leaders to do likewise. and that's what needs to happen over the next few we
what is a drag on the economy is the spending. that is what is hurting hard-working taxpayer right now. and so we need him to join us in this effort. >> at the end of the day, this is going to be a question about public opinion. what makes you think talking about not raising the debt ceiling or shutting down the government, what have you, is a winner in the court of public opinion? >> well, again, we don't want to shut down the government, but in the court of public opinion, people...
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Jan 16, 2013
01/13
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but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called
but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is...
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Jan 14, 2013
01/13
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but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me about what we're debating or as the president puts it not debating? >> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would ha
but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole...
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Jan 14, 2013
01/13
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the c
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on...
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Jan 21, 2013
01/13
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echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear he's not backing down from the fact that he won the election, so he's going to govern because he won. he and the other people in office took the oath to god and his country. he tried to reach over the heads of his opposition by repeatedly calling to the people. fellow citizens, fellow citizens, we need to do this. i think perhaps the most important part of the speech is one that's gone comparatively unremarked so far, and that is his review to his predecessors for what he called his declaration of war and his belief that the united states does not have to seek a policy of perpetual war,
echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear...
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 15, 2013
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economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening -- of the united states of america not paying its bills -- is irresponsible. it's absurd. as the speaker said two years ago, it would be -- and i'm quoting speaker boehner now -- "a financial disaster, not only for us, but for the worldwide economy." so we've got to pay our bills. and republicans in congress have two choices here: they can act responsibly, and pay america's bills, or they can act irresponsibly, and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea
economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening -- of the united states of america not paying its bills -- is irresponsible. it's absurd. as the speaker said two years ago, it would be -- and i'm quoting speaker boehner now -- "a financial disaster, not only for us, but for the worldwide economy." so we've got to pay our bills. and republicans in congress have two...
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together, we determined a modern economy require railroads and highways to speed travel and commerce, schools and colleges to train our workers, and together we discovered a free market only thrives when there are rules to ensure competition and fair play. together, we result that a great nation must care for the vulnerable and protect its people from lights worse hazard and misfortunes. through it all, we have never relinquished their skepticism of central authority, nor have we succumbed to the fiction that all society's ills can be killed -- can be cured through government alone. our celebration of enterprise, our insistence on hard work and personal responsibility, these are constants in our character. but we have always understood that when times change, so must we. fidelity to our founding principles requires new responses to new challenges. preserving our individual freedoms ultimately requires collective action. the american people can no more meet the demands of today's world by acting alone that american soldiers could have met the forces of fascism or communism with muskets
together, we determined a modern economy require railroads and highways to speed travel and commerce, schools and colleges to train our workers, and together we discovered a free market only thrives when there are rules to ensure competition and fair play. together, we result that a great nation must care for the vulnerable and protect its people from lights worse hazard and misfortunes. through it all, we have never relinquished their skepticism of central authority, nor have we succumbed to...
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federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again m
federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your...
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even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and despite that conversation, and despite the election results, the position that's been taken on the part of some house republicans is that, "no, we've got to do it our way, and if we don't, we simply won't pay america's bills." well, that can't be a position that is sustainable over time. it's not one that's good for the economy now. bes certainly not going to the kind of precedent that i want to establish not just for my presidency, but for future presidents, even if it was on the other side. democrats don't like voting for the debt ceiling when a republican is president, and yet y
even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and...
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saying we are encouraged there are signs the republicans may back off on the insistens of holding our economy hostage to drathsically cut programs and democrats and republicans must pass a clean bill. caller: i heard this. and i heard jay cornyn say that. i know what he said. but they also said that they want a clean debt ceiling. not every three months you're going to have the same thing over again. they want it for a whole year. not this three-month extension. host: jeff this morning off twitter said this is a reasonable offer if the democrats do not accept it he adds nice play, g.o.p. host: republican line? caller: yes, there are two features on this proposed legislative action. they have different levels of support for me. i do support the concept of withholding pay for not having a budget. i mean, not only should the federal government have a law regarding that but i think each individual state should enact a legislative negligence act that if you don't fulfill that responsibility of having a budget, you do not get paid and you get barred from running for future elective office. with reg
saying we are encouraged there are signs the republicans may back off on the insistens of holding our economy hostage to drathsically cut programs and democrats and republicans must pass a clean bill. caller: i heard this. and i heard jay cornyn say that. i know what he said. but they also said that they want a clean debt ceiling. not every three months you're going to have the same thing over again. they want it for a whole year. not this three-month extension. host: jeff this morning off...
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and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan over taking the united states. in the 1990's, it was all about the technical -- tech buble. i think the last decade will be remembered for the rise of the bric countries. never before did we see so many countries boom simultaneously. that boom is coming to an end. the rising tide of global liquidity that lifted countries is ebbing. we have to figure out which ones will truly rise and which ones will fail. we need to do it over a reasonable time frame. the timeframe they used to analyze this is 50 or 100 years. my p
and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan...
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that is such a serious threat to the economy of this country. credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: the credit agencies have said you also need to address spending. guest: it is balance verses in balance. host: junior, independent caller. caller: why do you stand there telling us stuff that you know it is not true? when are we going to see a budget from this administration? everything you said is untrue? where is the budget? this has been four years. guest: the administration has presented a budget every year. it is cannot correct to say we have not presented a budget. the house has presented budgets that almost no democrat could vote for. the senate has a 60-vote requirement has been unable to find common ground within their ranks. they have rejected the house republican budget. it is not correct to say the administration has not provided a budget. host: senate democrats. guest: it takes 60 votes. jun
that is such a serious threat to the economy of this country. credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: the credit agencies have said you also need to address spending. guest: it is balance verses in balance. host: junior, independent caller. caller: why do you stand there telling us stuff that you know it is not true? when are we going to see a budget...
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it will damage our economy. the government is a big part of this economy. it's interesting that a lot of time you have people recognize that when it comes to defense spending. some of the same people say we have to cut spending or complain that government jobs don't do anything, but when it comes to the defense contractor in their district, they think it is an important part of the economy in their district and that we should not stop spending on that. let's just make sure we're not spending on those other people. [no audio] my hope is that common sense prevails. that is always my preference. i think that would be the preference of the american people and it would be good for the economy. let me just repeat. if the issue is deficit reduction, getting our deficit sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner in me. we could achieve that fairly quickly. we know what the numbers are and we know what needs to be done. we know what a balanced approach would take and we have done hal
it will damage our economy. the government is a big part of this economy. it's interesting that a lot of time you have people recognize that when it comes to defense spending. some of the same people say we have to cut spending or complain that government jobs don't do anything, but when it comes to the defense contractor in their district, they think it is an important part of the economy in their district and that we should not stop spending on that. let's just make sure we're not spending on...
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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consumers and would have prevented much suffering to borrowers and harm to consumers and the broader economy. >> thank you. this next question is for ms. rice of the national fair housing alliance. most folks would generally agree that underwriting standards were far too loose in the lead up to the crisis, and they're currently too restrictive. what does this rule mean for extending access into the non- prime mortgage space going forward? >> thank you for the question. i am reminded of the first predatory lending case that i work done -- the early 1990's. it involved a senior citizen, a single female head of household who had known her home in toledo for years, for decades. she had a prime mortgage she had been paying faithfully and had stellar credit. she was convinced to refinance out of that prime sustainable mortgage, fixed-rate mortgage, with charter one bank. into a subprime loan to get a debt consolidation loans. she was convinced to do this because the lender told her she would have just one payment, and that really appealed to her because she was on a fixed income. she was going to
consumers and would have prevented much suffering to borrowers and harm to consumers and the broader economy. >> thank you. this next question is for ms. rice of the national fair housing alliance. most folks would generally agree that underwriting standards were far too loose in the lead up to the crisis, and they're currently too restrictive. what does this rule mean for extending access into the non- prime mortgage space going forward? >> thank you for the question. i am reminded...
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so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of our real estate not on our tax. our primary comes from our tax sment and our water that serve it is region. we've watched our unemployment decrease, we've out paced the national economy. last year we saw $1.1 billion in national investment. our focus has been on investing in our urban core and doing it together. a great focus on riegism. >> a question to both of you with debt in this country cities do that by floating bonds which explain how that works in mesa, arrest arrest and what that works for and how it's paid off. guest: we like to say
so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of...
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caller: this is all about stimulating the economy and everything. what about the hundreds of manufacturers and their jobs. these people will be out of work. host: josh gets the last word. a reminder you can continue the conversation on line with our facebook page, facebook.com/c-span. also on twitter using the #gun control. coming up this afternoon we'll bring you live coverage of a discussion up on capitol hill, the house democratic steering and policy committee looking at the issue of gun violence. they'll hear from the newtown connecticut school superintendent, and the philadelphia mayor. that's coming up at 2:00 eastern. live here on c-span. we also plan to he show you the president's comments once again this evening at :00 even here on c-span. you can find it in our video library as well. you saw some of the comments earlier from senator patrick leahy, the chairman of the judiciary committee. next up his entire speech and questions from law students at georgetown university, a preview of the judiciary committee's agenda for 2013. >> dean, thank
caller: this is all about stimulating the economy and everything. what about the hundreds of manufacturers and their jobs. these people will be out of work. host: josh gets the last word. a reminder you can continue the conversation on line with our facebook page, facebook.com/c-span. also on twitter using the #gun control. coming up this afternoon we'll bring you live coverage of a discussion up on capitol hill, the house democratic steering and policy committee looking at the issue of gun...
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decisions but to secure equal pay for equal work, it to protect medicare for seniors and to build an economy that works for the middle class. that is exactly what we should expect from washington. i am proud to say we have a president we can count on it. president obama has taken strong stands with women and families on health care, equality, economic security. he appointed two fantastic women to the united states supreme court. he chose his biggest rival to be his biggest partner on the world stage. we are so proud of hillary clinton. president obama trusts women and women can trust president obama. we have reason to feel good about where we stand today. with the movements like the one we have built together we have reason to aim high in the years to come. last cycle we more than quintupled its the size of our community. we were using technology to open our doors to another generation of women and men where we meet up. we are reaching them where they are, helping them understand what is at stake and adding their voices to our movement. i am proud to say that emily's list is now more than 2
decisions but to secure equal pay for equal work, it to protect medicare for seniors and to build an economy that works for the middle class. that is exactly what we should expect from washington. i am proud to say we have a president we can count on it. president obama has taken strong stands with women and families on health care, equality, economic security. he appointed two fantastic women to the united states supreme court. he chose his biggest rival to be his biggest partner on the world...
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Jan 21, 2013
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whatever happens with the economy, he can take the credit or the blame. host: sarah from boise, idaho. caller: i wanted to say how wonderful the festivities were today. it just touched my heart. just seeing all the hope on the people's faces out there, all, my goodness. even talking about it now i am getting teary-eyed again. and the love, it was wonderful. so much coal. i just know that the next four years is going to be wonderful. yesterday was my birthday. i am 63. so every four years i get a president, and i'm very happy about that. host: well, sarah, happy birthday. felicia sonmez, thoughts? guest: politics often playset by press release and statements from one side or the other, that we only see electronically or delivered from floor speeches, but what is interesting about a day like today and the state of the need is that you get to see the reaction real time. the president's supporters were definitely thrilled about everything onstage today. was also interesting was the republican members of congress up there and out they were responding. i was un
whatever happens with the economy, he can take the credit or the blame. host: sarah from boise, idaho. caller: i wanted to say how wonderful the festivities were today. it just touched my heart. just seeing all the hope on the people's faces out there, all, my goodness. even talking about it now i am getting teary-eyed again. and the love, it was wonderful. so much coal. i just know that the next four years is going to be wonderful. yesterday was my birthday. i am 63. so every four years i get...
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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banks are important part of the economy and the finance new job growth and the ability of people to buy a home, which is the largest single investment that they will make. we really need for them to be there to help the consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from clifton, virginia. caller: a good time to segue the early seeds being sewn. things like the community reinvestmen
banks are important part of the economy and the finance new job growth and the ability of people to buy a home, which is the largest single investment that they will make. we really need for them to be there to help the consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about...
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for washington, this is a great injection into the economy. host: this is from one of our viewers -- guest: thought the inauguration funding has not changed very much. the best comparison for this year is 2005, the george w. bush second inauguration, $45 million was raised for his committee. security costs there were comparable. there rose fivefold after 9/11. by 2005 they were in the $100 million range. this inauguration, despite hardships, the numbers are staying fairly concept -- fairly constant. host: our first president was sworn in on april 30 in new york city. it has moved back and forth from the east front to other locations on capitol hill. from harry truman through jimmy carter, it was always on the east front of the capital. moved by the congressional committee to the west front in 1985, which is where it remains today. kansas, independent line, good morning. caller: i think it is amazing that we all want to complain about every penny that is spent in washington, d.c., because of the inauguration. this is something special that happ
for washington, this is a great injection into the economy. host: this is from one of our viewers -- guest: thought the inauguration funding has not changed very much. the best comparison for this year is 2005, the george w. bush second inauguration, $45 million was raised for his committee. security costs there were comparable. there rose fivefold after 9/11. by 2005 they were in the $100 million range. this inauguration, despite hardships, the numbers are staying fairly concept -- fairly...
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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that is such a serious threat to the economy of this country. you i think saw in the clips this morning that credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: i want to get viewers involved but the credit agencies have said you also need to address spending. guest: that's agreed. we talk about balance. it's balance versus inbalance. balance has to win. host: let's get our viewers involved. junior in virginia, independent caller. hi, junior. caller: mr. levin, why are you standing there telling us stuff that you know is not true ? when are we going to see a budget from this administration? everything you said is untrue? we know it's untrue. host: what did he say specifically that is untrue? caller: blaming the republicans. four years we've been under this -- guest: junior, the administration has presented a budget every year. it's not correct to say they haven't presented a budget. we've been dead locked within the
that is such a serious threat to the economy of this country. you i think saw in the clips this morning that credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: i want to get viewers involved but the credit agencies have said you also need to address spending. guest: that's agreed. we talk about balance. it's balance versus inbalance. balance has to win. host:...
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Jan 16, 2013
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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Jan 15, 2013
01/13
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economy. if i were a cubin i sure would like that to continue, and i would do everything i could to to get that to continue i think it is waning and it hit a high water mark and it is reseeding and i think that serves certainly the purposes of the united states and i think that's fine. i don't blame the countries that are receiving subsidized oil shipments. i would love for somebody to subsidize, you know, the things that i need to buy. that's in their own self-interest and the need to be thinking about what's going to happen because let's go back. if you take some of the data talked about on the economy, and you are the next, you are the government of venezuela, the easiest place to cut back is where you are getting away. if i am the recipient of that oil, i would be worried right now. that's just in the self-interest of the government of venezuela if you have a deficit, you know, stop giving away, stop subsidizing sales to people. that would be the logical thing to do. and if you had a gover
economy. if i were a cubin i sure would like that to continue, and i would do everything i could to to get that to continue i think it is waning and it hit a high water mark and it is reseeding and i think that serves certainly the purposes of the united states and i think that's fine. i don't blame the countries that are receiving subsidized oil shipments. i would love for somebody to subsidize, you know, the things that i need to buy. that's in their own self-interest and the need to be...
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Jan 20, 2013
01/13
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but i think we have to deal with some of the consolidation issues. >> who are the people in the economy that you rely on during this time? >> it kind of depends on the issue. those on food safety issues and, you know, this debacle with the farm bill, we haven't had a lot of support from anyone, certainly not debbie stabenow, who i used to work with and it's very disappointing. as well as the senator from michigan that we thought we could send to some of these two companies. it's not a joke. people have to keep these elected officials honest and you have to have their constituency. so that is really what our organizers have focused on. >> you mean that organic food is not worth anything? that is something else that the industry influence and paid for. i don't think much of it. >> thank you so much for coming. we really appreciate it. [applause] >> wenonah hauter is the director of food and weather watch. for more information visit food and weather watch.org. >> we are here with judge block. you were brought into the court in 1994. >> yes, i was nominated by president clinton and recommen
but i think we have to deal with some of the consolidation issues. >> who are the people in the economy that you rely on during this time? >> it kind of depends on the issue. those on food safety issues and, you know, this debacle with the farm bill, we haven't had a lot of support from anyone, certainly not debbie stabenow, who i used to work with and it's very disappointing. as well as the senator from michigan that we thought we could send to some of these two companies. it's not...
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Jan 20, 2013
01/13
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if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make sense economically stronger. but glaser talks about that a lot. david brooks talks about how when someone gets a patent, there required to say orestes heywood at the pet that influence to? almost always within 25 miles of the patent here. malcolm gladwell talks about the french impressionist old friends who hung out in the same buyer. they all trained the same absinthe. you know, movements are collected and made by people in proximity. people talk about if you're in a european capital come you can get five minutes done in a day. if
if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make...
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Jan 14, 2013
01/13
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economy. i also -- i spoke to you before the meeting started about the fema changes senator landrieu called me on -- [inaudible conversations] >> yeah. and the changes have been made and as i understand, we will be voting on them. >> i think there was something on the floor this evening. >> which includes bipartisan reforms to fema. >> good. >> i think it would be -- we try the appropriations on the -- i know people don't believe this to do as little authorization as possible respectfully of the authorization committee. i think it's on suspension tonight. >> i hope so. because that -- i think it's a very important part. not to watch what we see in katrina. i thank you for that. no further questions. >> thank you very much. mr. bishop? >> i don't know to whom to actually ask this question. maybe either of you or to the any of the fore floridians who happen or it here. represent hastings said there would be many for florida beaches in here. i know, there's a $4 billion category of energy and wat
economy. i also -- i spoke to you before the meeting started about the fema changes senator landrieu called me on -- [inaudible conversations] >> yeah. and the changes have been made and as i understand, we will be voting on them. >> i think there was something on the floor this evening. >> which includes bipartisan reforms to fema. >> good. >> i think it would be -- we try the appropriations on the -- i know people don't believe this to do as little authorization...